How to Save Money on Rental with a Roommate?

If you thought sharing a rental apartment with a roomie would help your budget, you’re absolutely right, fella. Because obviously, almost every household expense gets divided and you get to spend those extra savings on things you need. Here’s the thing tho, without proper communication (and some healthy boundaries) with your roomie, things can go wrong too. But don’t you worry. We’ve got some tips for you and your roomie to stop monkeying around and not go broke towards month-end.

And yes, you can definitely trust our word on this. Cause FYI, we know a thing or two about young people living away from home in rental apartments. Only because we, at Stanza Living, are all about curating a second home for students and young working professionals in more than 24+ cities. There’s a reason our fully-furnished managed apartments come with daily professional housekeeping and tons of other amenities. And that reason is that we want to make your demanding lives easier. Also, we’re completely tech-enabled so you can do all your house-renting formalities via our app. And now that you know where you’re getting your tips to save money from, just scroll down and start planning budgets with your roomie. Because hey, apes together strong, haven’t y’all heard?

Best Ways to Save Money with a Roomie While in a Rental

Top 5 ways to save money with a roomie while living in a rental in 2022 are:

• Shop for the Whole Month
• Order Less Cook More
• Plan your Commute Together
• Share Stuff with Each Other
• Keep a Coin Jar at Home

Looking for rental flats with on-call housekeeping and dedicated workstations? Just check out our Stanza Living managed apartments.

Shop for the Whole Month

When you’re sharing apartments, or even otherwise, you should always do your grocery shopping for the entire month in bulk. This helps you keep a check on the overall expenses and tweak your budget accordingly. Also, when you’re living with a roomie, you might just end up spending unevenly without a proper budget plan. So making a common grocery shopping list (with your specific needs met) is gonna save you plenty. Just ask your mum about it.

Order Less Cook More

We get it. It’s tough to conjure up the motivation to cook an entire meal for yourself when you’re living alone. But not when you’re living with a roomie. You can simply divide the chore into parts. Let’s say, if your roomie cuts all the veggies, you can directly heat up the pan and cook a good meal for two. And the same goes for dishwashing duties too. Basically, with a lil bit of teamwork, you can make a taxing task a lot less taxing. And with that covered, your food delivery containers won’t occupy more space in your house than all your furniture combined.

Plan your Commute Together

One of the best parts about living with a roomie is that you can save a lot on commuting. Simply by sharing your plans. For example, if you’re going out to a cafe to chill with your college buddies, and your roomie needs to go shopping, then just check if your routes fall together and split the cab fare accordingly. Plus, carpooling is a good way to reduce your carbon footprint too. So unlike what some people say, saving the environment is not always an expensive affair.

Share Stuff with Each Other

Your roomie doesn’t just have to be a roommate, they can act as a thrift store too. Or maybe a flea market. Seriously tho, when you’re living with a roomie, it’s better to trade each other’s old stuff rather than spend on new. So when you get quickly tired of that overly funky t-shirt that you brought on a whim, you can just trade it with your roomie who’s more like Harry Styles, successfully pulling off whatever you give ’em to wear.

Keep a Coin Jar at Home

Keeping a common coin jar at home won’t nearly give you enough returns to buy a Lamborghini. But it might just save you enough for one pippin’ hot meal during your month-end financial crisis. And for the utmost fun, we recommend adding a fun twist to it. Like making a rule to drop a coin every time any one of you utters a swear word. Or maybe adding one for every time you hear an average LinkedIn influencer uses the word ‘hustle’. Sorry, not sorry.

FAQs on Tips to Save Money with Your Roomie